One in five Australians make in-store mobile payments

News in brief

News in brief

Three in ten Australians plan to use their smartphone for all their digital money and financial needs by 2017 and one in five (17%) are already using their smartphones to make in-store payments, research from lender Fair Go Finance reveals. “50% would like to use biometrics instead of PIN codes by 2020,” the survey finds. “One in ten said they would use Facebook to transfer money to friends and family.”

Filed by This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com Published 26 June 2015, 16:48 • Last updated 26 June 2015, 16:48